PROTECTED SOURCE SCRIPT
MTF Dashboard V4 (Trend + RangeDetector)
MTF Trend & Range Dashboard
This indicator is designed to provide a fast, decision-oriented market context by combining:
– EMA-based trend detection
– Multi-timeframe confirmation
– Range vs expansion detection using recent price compression
The purpose of this dashboard is not to generate entries automatically, but to help traders:
– avoid premature entries during ranges
– identify alignment or conflict between timeframes
– filter low-probability trades when short-term and higher-timeframe contexts diverge
The range detection logic is based on the price spread between the highest high and lowest low over a configurable number of candles. When this spread remains below a defined threshold, the market is considered in consolidation.
This indicator is particularly suited for intraday traders who work on a primary timeframe (e.g. M15) and need immediate contextual confirmation from surrounding timeframes (M5, M30, M45, etc.)
This indicator is designed to provide a fast, decision-oriented market context by combining:
– EMA-based trend detection
– Multi-timeframe confirmation
– Range vs expansion detection using recent price compression
The purpose of this dashboard is not to generate entries automatically, but to help traders:
– avoid premature entries during ranges
– identify alignment or conflict between timeframes
– filter low-probability trades when short-term and higher-timeframe contexts diverge
The range detection logic is based on the price spread between the highest high and lowest low over a configurable number of candles. When this spread remains below a defined threshold, the market is considered in consolidation.
This indicator is particularly suited for intraday traders who work on a primary timeframe (e.g. M15) and need immediate contextual confirmation from surrounding timeframes (M5, M30, M45, etc.)
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.